Chocolate Confectionery Market Size Worth USD 312.6 Billion by 2030: Grand View Research, Inc.

Read 80-page market research report, "Chocolate Confectionery Market Size, Share & Trends Analysis Report By Product (Boxed, Molded Bars), By Type (Milk, Dark), By Distribution Channel (Supermarkets & Hypermarkets, Online), By Region And Segment Forecasts, 2022 - 2030", published by Grand View Research. Read 80-page market research report, " Chocolate Confectionery Market Size, Share & Trends Analysis Report By Product (Boxed, Molded Bars), By Type (Milk, Dark), By Distribution Channel...

Read 80-page market research report, "Chocolate Confectionery Market Size, Share & Trends Analysis Report By Product (Boxed, Molded Bars), By Type (Milk, Dark), By Distribution Channel (Supermarkets & Hypermarkets, Online), By Region And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Chocolate Confectionery Market Growth & Trends

The dark chocolate segment is expected to be the fastest-growing segment during the forecast period. Product launches in this segment by key players in the market are likely to supplement the overall segment growth. For instance, in November 2020, Sugar-Free (low-calorie sweetener manufacturer) ventured into the premium dark chocolate category with the launch of Sugar-Free D'lite chocolates. The supermarkets & hypermarkets distribution channel segment held the largest segment in 2021 and is expected to maintain dominance during the forecast period. The rise in demand for chocolate confectionery by the consumers has made retailers hold greater shelf spaces for chocolate confectionery, especially in developed countries, such as the U.S. and the U.K. For instance, in June 2020, Wicked Kitchen, a vegan brand in the U.K., launched its first-ever vegan cupcakes through Tesco supermarkets in the U.K.

The chocolate confectionery market is consolidated in nature with the presence of many international players and a few regional players. The Hershey Company, Ferrero, Chocoladefabriken Lindt & Sprüngli AG, Mars, Incorporated, Mondelēz International, Nestlé, CEMOI Group, Barry Callebaut, Lake Champlain Chocolates, and LOTTE are among the prominent players in the global market.

Chocolate Confectionery Market Segmentation

Grand View Research has segmented the chocolate confectionery market based on product, type, distribution channel, and region:

Chocolate Confectionery Market Product Outlook (Revenue, USD Billion, 2017 - 2030)

Chocolate Confectionery Market - Type Outlook (Revenue, USD Billion 2017 - 2030)

Chocolate Confectionery Market - Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

Chocolate Confectionery Market - Regional Outlook (Revenue, USD Billion, 2017 - 2030)

List of Key Players of Chocolate Confectionery Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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